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  5. FirstChoice Multi-index Growth - Class A - Managed fund profile

FirstChoice Multi-index Growth - Class A - Managed Fund (Closed)

Fund Objective
To provide long-term capital growth with less fluctuations of returns than 'high growth' investment options. To outperform the option's composite benchmark over rolling three-year periods before fees and taxes.
Fund Strategy
The option allocates 80% of investments to growth assets such as shares and property and infrastructure securities. The shares component is managed using an approach aiming to deliver long term returns above that of market capitalisation indices. The property and infrastructure components are managed to closely match the returns of relevant market capitalisation indices. 20% of the portfolio is allocated to defensive assets such as fixed interest and cash to provide the portfolio with relatively stable returns.

Fund Performance Comparison

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Fees Comparison

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NOTE: Fee data has been provided by Morningstar, it may not include all costs being charged on your investment such as platform and adviser fees. You should check your fund manager or adviser statements to find out the exact fees you are being charged. Peers are funds that use the same benchmark in the Morningstar database.
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Fund performance

  1M 3M 6M 1Y p.a. 2Y p.a. 3Y p.a. 5Y p.a. 10Y p.a.
Total return -5.82% -4.63% -0.45% 4.86% 5.32% -% -% -%
Growth return -5.82% -5.91% -2.07% -0.32% 1.06% -% -% -%
Income return 0% 1.28% 1.62% 5.18% 4.26% -% -% -%
Market index (Morningstar AUS Growth Tgt Alloc NR AUD)
Total return 2.5% 5.98% 13.05% 14.32% 6.19% 6.56% 7.27% 7.68%
As at 29 Feb 2020. Returns for periods greater than 1 year are annualised. All figures are percentages.

Asset Allocation

FirstChoice Multi-index Growth - Class A
Australian Equities
23.99%
International Equities
45.15%
Cash
3.38%
Property
11%
Fixed Interest
16.48%
Alternatives
0%
Average Allocation of Peers
Australian Equities
27.47%
International Equities
32.94%
Cash
6.93%
Property
6.78%
Fixed Interest
21.64%
Alternatives
4.24%

General Information

Fund Details
Type Description
FirstChoice Multi-index Growth - Class A
Closed
FSF6788AU
Multisector Growth
Not Rated
Investment Fund
22 May 2017
$0.18 million (as at 31 Mar 2020)
$0.9328 (as at 25 Mar 2020)
$0.9314 (as at 25 Mar 2020)
Finalised
Offer information
Type Description
Indirect Cost Ratio (ICR) - Estimated 0.54% (as at 18 Nov 2019) (Estimated)
Minimum initial investment $25,000
Minimum additional investments
Minimum redemption amount

Top 10 holdings (as at 31 Dec 2023)

Holding (as at 31 Dec 2023) Type % of Portfolio
BHP Group Ltd Equity 2.92%
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FAQs about the FirstChoice Multi-index Growth - Class A

The objective of the FirstChoice Multi-index Growth - Class A managed fund is To provide long-term capital growth with less fluctuations of returns than 'high growth' investment options. To outperform the option's composite benchmark over rolling three-year periods before fees and taxes.

The strategy of the FirstChoice Multi-index Growth - Class A managed fund is The option allocates 80% of investments to growth assets such as shares and property and infrastructure securities. The shares component is managed using an approach aiming to deliver long term returns above that of market capitalisation indices. The property and infrastructure components are managed to closely match the returns of relevant market capitalisation indices. 20% of the portfolio is allocated to defensive assets such as fixed interest and cash to provide the portfolio with relatively stable returns.

The APIR code of the FirstChoice Multi-index Growth - Class A managed fund is FSF6788AU.

FirstChoice Multi-index Growth - Class A’s total return last month was -5.82%. This was made up of a growth return of -5.82% and an income return of 0%. These returns were calculated as at 29 Feb 2020.

FirstChoice Multi-index Growth - Class A’s total return for the last three months was -4.63%. This was made up of a growth return of -5.91% and an income return of 1.28%%. These returns were calculated as at 29 Feb 2020.

FirstChoice Multi-index Growth - Class A’s one-year total return is 4.86%. This was made up of a growth return of -0.32% and an income return of 5.18%. These returns were calculated as at 29 Feb 2020.

FirstChoice Multi-index Growth - Class A’s one-year total return is -%. This was made up of a growth return of -% and an income return of -%. These returns were calculated as at 29 Feb 2020.

The asset allocation of the FirstChoice Multi-index Growth - Class A managed fund is :

Australian Equities
23.99%
International Equities
45.15%
Cash
3.38%
Property
11%
Fixed Interest
16.48%
Alternatives
0%

The FirstChoice Multi-index Growth - Class A managed fund belongs to the Multisector Growth sector/asset class.

As at 31 Mar 2020, the size of the FirstChoice Multi-index Growth - Class A managed fund was $0.18 million.

The FirstChoice Multi-index Growth - Class A managed fund has an inception date of 22 May 2017.

The current entry price of the FirstChoice Multi-index Growth - Class A managed fund is $0.9328 per unit and the current exit price is $0.9314 per unit (as at 25 Mar 2020).

The current exit price of the FirstChoice Multi-index Growth - Class A managed fund is $0.9314 per unit and the current entry price is $0.9328 per unit (as at 25 Mar 2020).

The minimum initial investment amount for the FirstChoice Multi-index Growth - Class A managed fund is $25,000. Minimum additional investment is $0.

Fund data sourced from Morningstar. Some material is copyright and published under licence from ASX Operations Pty Limited ACN 004 523 782 ("ASXO"). Data and content is provided for personal use only. Whilst every care has been taken in producing these numbers, neither Morningstar nor InvestSMART can make any guarantees around the complete accuracy of these figures. Should you decide to change investments, please read all relevant disclosure documents including the Product Disclosure Statements and if required, you may consider speaking to a financial professional for further guidance. A tax event may be realised as a result of switching investments. Past performance is not a reliable indicator of future performance.